๐ Technical Setup to Watch for Signal for #ALGO
Support Zone:
Around 0.188 โ 0.195 USDT โ previously tested levels.
Resistance Levels (on the way to 0.2407):
0.2100 โ minor resistance
0.2250โ0.2300 โ strong resistance
0.2407 โ Target; potential top before retracement
Signal Criteria (Buy Setup):
RSI around 50 and rising โ shows momentum buildup.
MACD bullish crossover on 4h or 1d chart.
Price breakout above 0.2100 on high volume.
Ideal Entry Zone (short term):
On pullback to 0.195โ0.200, with a tight stop at 0.188.
Or breakout confirmation above 0.210.
โ
Sample Trade Signal (Not Financial Advice)
Buy Entry: 0.197โ0.202 USDT
Target: 0.2407 USDT
Stop Loss: 0.186 USDT
Risk/Reward: ~1:3
This trade expects short-term bullish continuation. Use leverage only if you understand the risk.